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What Is Global Product Development by
RING Product Manager
www.productschool.com
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Product
Management
2-month part-time
Courses
Coding
for Managers
2-month part-time
Courses
Data Analytics
for Managers
2-month part-time
Courses
Matt England
Tonight’s Speaker
PM Presentation
Matt England
Spec the
Product
Meet with
Suppliers
Development
with Partners
Test All
Assumptions
Ship
Development Path
Email / Meet
Suppliers
Test All
Aspects
Ship
Sourcing Path
Spec the Product
• Any standards to meet?
• What are the core features & integrations
• Power source & run time required
• Technical Specs & compatibility
• UX interaction
• Rough Size and Shape Target
• Should develop concept ID (Industrial Design) once above is set
Networking to Suppliers
• Distributors can help identify factories they supply / work with
• If working with other partners, ask for referrals
• With top 2-3 factories, prepare for several rounds of discussion
• Make sure they have produced something similar before!
• Don’t be their Guinea pig
• Ensure they have testing capabilities & strong QC procedures
• Balance Price, Performance, and Speed in choosing Partner
Finding Suppliers
• Know your build qty and sophistication of factory required
• When possible, avoid Alibaba & sourcing sites
• Most are trading companies - stay away from Trading Companies!
• Check “Consortium Member” Lists for Manufacturer Info
• When possible, go to a Trade Show to find suppliers
HK / China Trade Shows
• Trade Shows are the best place to meet true factories.
• Global Sources show in HK for Electronics, in April & Oct
• **Korea, Taiwan, & Japan all present here
• Canton Fair in China for (Literally) Everything, in April-May & Oct
• Bring lots of business cards
• try to avoid handing them out like candy
• Take photos of products with business card next to it
• first ask permission – this helps avoid carrying endless catalogs
• Be prepared to break your fitbit record
Starter Questions to Ask
• Have they developed similar products?
• How many engineers do you have in X, Y, Z areas?
• What is the MOQ (Minimum Order Qty)?
• How long will this product take to develop with your team?
• What are the development costs outside tooling & certs?
• Will they amortize the cost across X-many units?
• (usually after several shipping products & good relationship)
• FOB HK or FOB US = “Freight (or Free) on Board”
• Where does the inventory change hands?
Development with Partner(s)
• Create / Understand the Schedule!
• Be the leader!
• Drive the conversations & ask the right questions.
• DON’T BE THE BOTTLENECK
• Ensure tasks have task owners – hold them accountable
• Design manufacturable parts! Get quotes early & often
• Pull out uncertainty wherever possible
Test All Assumptions
• “Anything (not tested) that can go wrong, will go wrong”
• Don’t leave things to chance
• Specific, quick tests on open (?) can save time & heartache
• Beta test units in the real world!
• Thoroughly test all functionality, RF and the power budget
• If possible, have manufacturing firmware developed by MFG
(checking hardware on the line) to avoid holding up builds.
Test All Aspects
• Make sure to test enough units; a dozen for simple products, 100+ for
complex
• Test all use cases, fringe use cases & points of failure
• If ever a failure or odd behavior, get them to replicate the conditions & error.
Make them prove how/why/where the unit failed.
• Test the packaging!
• Give time for all certifications required
• Common certs need 15-30 days, some much longer than that.
(Before you) Ship!
• DHL is the most efficient way to get samples or small production qty;
Fedex is common but more expensive.
• Containers take ~30 days; ~$800 of paperwork; charge by volume
• Air takes 2-4 days, minimum of ~$60 & charges by pound
• As general rule of thumb for Units (in electronics / accessories):
• 3k is MOQ for a factories “off the shelf” design
• 5-10k is MOQ for simple board re-spin w/ new enclosure
• 15k+ MOQ needed for significant hardware/firmware development
• Make sure there is a sales strategy to move those units
• Be ware of factors that can make your product obsolete.
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What Is Global Product Development by RING Product Manager

  • 1. What Is Global Product Development by RING Product Manager www.productschool.com
  • 2. FREE INVITE Join 20,000+ Product Managers on productschool.com/slack-community
  • 8. Spec the Product Meet with Suppliers Development with Partners Test All Assumptions Ship Development Path Email / Meet Suppliers Test All Aspects Ship Sourcing Path
  • 9. Spec the Product • Any standards to meet? • What are the core features & integrations • Power source & run time required • Technical Specs & compatibility • UX interaction • Rough Size and Shape Target • Should develop concept ID (Industrial Design) once above is set
  • 10. Networking to Suppliers • Distributors can help identify factories they supply / work with • If working with other partners, ask for referrals • With top 2-3 factories, prepare for several rounds of discussion • Make sure they have produced something similar before! • Don’t be their Guinea pig • Ensure they have testing capabilities & strong QC procedures • Balance Price, Performance, and Speed in choosing Partner
  • 11. Finding Suppliers • Know your build qty and sophistication of factory required • When possible, avoid Alibaba & sourcing sites • Most are trading companies - stay away from Trading Companies! • Check “Consortium Member” Lists for Manufacturer Info • When possible, go to a Trade Show to find suppliers
  • 12. HK / China Trade Shows • Trade Shows are the best place to meet true factories. • Global Sources show in HK for Electronics, in April & Oct • **Korea, Taiwan, & Japan all present here • Canton Fair in China for (Literally) Everything, in April-May & Oct • Bring lots of business cards • try to avoid handing them out like candy • Take photos of products with business card next to it • first ask permission – this helps avoid carrying endless catalogs • Be prepared to break your fitbit record
  • 13. Starter Questions to Ask • Have they developed similar products? • How many engineers do you have in X, Y, Z areas? • What is the MOQ (Minimum Order Qty)? • How long will this product take to develop with your team? • What are the development costs outside tooling & certs? • Will they amortize the cost across X-many units? • (usually after several shipping products & good relationship) • FOB HK or FOB US = “Freight (or Free) on Board” • Where does the inventory change hands?
  • 14. Development with Partner(s) • Create / Understand the Schedule! • Be the leader! • Drive the conversations & ask the right questions. • DON’T BE THE BOTTLENECK • Ensure tasks have task owners – hold them accountable • Design manufacturable parts! Get quotes early & often • Pull out uncertainty wherever possible
  • 15. Test All Assumptions • “Anything (not tested) that can go wrong, will go wrong” • Don’t leave things to chance • Specific, quick tests on open (?) can save time & heartache • Beta test units in the real world! • Thoroughly test all functionality, RF and the power budget • If possible, have manufacturing firmware developed by MFG (checking hardware on the line) to avoid holding up builds.
  • 16. Test All Aspects • Make sure to test enough units; a dozen for simple products, 100+ for complex • Test all use cases, fringe use cases & points of failure • If ever a failure or odd behavior, get them to replicate the conditions & error. Make them prove how/why/where the unit failed. • Test the packaging! • Give time for all certifications required • Common certs need 15-30 days, some much longer than that.
  • 17. (Before you) Ship! • DHL is the most efficient way to get samples or small production qty; Fedex is common but more expensive. • Containers take ~30 days; ~$800 of paperwork; charge by volume • Air takes 2-4 days, minimum of ~$60 & charges by pound • As general rule of thumb for Units (in electronics / accessories): • 3k is MOQ for a factories “off the shelf” design • 5-10k is MOQ for simple board re-spin w/ new enclosure • 15k+ MOQ needed for significant hardware/firmware development • Make sure there is a sales strategy to move those units • Be ware of factors that can make your product obsolete.
  • 18. Part-time Product Management Courses in San Francisco, Silicon Valley, Los Angeles, New York, Austin, Boston, Seattle, Chicago, Denver, London, Toronto www.productschool.com